A TECHNO-ECONOMIC NEWS MAGAZINE FOR MEDICAL PLASTICS AND PHARMACEUTICAL INDUSTRY
Our 13th Year of Publication

From Editor's Desk

The Ministry of Health and Family Welfare declared the following sterile devices to be considered as drugs :

Cardiac Stents , Drug Eluting Stents , Catheters , Intra Ocular Lenses , I.V. Cannulae , Bone Cements , Heart Valves , Scalp Vein Set , Orthopedic Implants and Internal Prosthetic replacements.

Procedures for import as well as manufacturing of these medical devices have been defined , the details about which are given in this issue.

As per Mr Milind Shah, managing director, Medtronic's Indian operations , " the notification will allow market to grow and help patients access the best available to diagnosis, monitor and recover at a faster pace. Regulatory approval for medical devices has to be made mandatory in India. There is a need for regulation in India as globally all medical devices undergo stringent quality norms."

Mr. D.L. Pandya

Editor

Another important announcement is related to "National Drug Authority ". The government of India is planning to spend about Rs 360 crore in the next four-five years in capacity building of the proposed healthcare and pharma regulator, National Drug Authority (NDA). "This will enable recognition of R&D activities being undertaken in the Indian pharma and healthcare sector in the US and other countries," Union minister for health, Anbumani Ramadoss said at the launch of the first management consultation on health care in IIM, Ahmedabad , last month.

 

While these changes will certainly help support Indian Industry to get recognition in the global markets , it is very important that the regulators also keep in mind the size and shape of the domestic Industry particularly the large number of small scale medical disposables' manufacturing units. It is therefore very essential to increase the interaction between policy-makers, academicians, practitioners, administrators and members of industries associated and involved with healthcare , specifically , medical device industry.

 

Along with other regular features , this issue also gives an overview of medical device industry in USA as well as China.

D.L. Pandya

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